Any HCers out there follow this stock? Looks like a nice little performer. Reasonably steady share price since inception despite the ups and down of the ASX200, and a good stream of cash and franking credit distributions.
This stock seems to trade reasonably close to its NTA thanks to the manager offering the opportunity to buy and sell units off market.
While AOD's investment strategy seems to have been very effective, I still don't understand why share prices should rally around dividend time by an amount greater than the grossed up dividend to be paid. Can someone explain this anomaly please?
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- anyone follow this stock?
anyone follow this stock?
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Currently unlisted public company.
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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